Saudi Arabia and US seal strategic economic partnership

Key areas of cooperation

The summit resulted in 18 agreements and memoranda of understanding covering defense, energy, space, technology, and healthcare.

Defence and energy deals

A $142 billion defence deal was announced, marking the largest in US history, along with collaborations in civil nuclear energy and uranium development to support climate action and energy security.

Space and technology collaboration

Saudi Arabia joined NASA’s Artemis Accords, allowing for joint exploration of the Moon and Mars. Agreements with IBM and the US National Communications and Information Administration aim to boost youth digital skills and advance 5G and 6G technologies.

Healthcare partnerships

In healthcare, partnerships were signed between the Saudi Ministry of Health and US institutions to enhance public health research and medical training.

Investment commitments

Saudi Arabia committed to investing $600 billion in the United States, with the potential to reach $1 trillion. These investments target sectors like artificial intelligence, energy, and infrastructure.

Investment forum highlights

The Saudi-US Investment Forum brought together global business leaders such as Elon Musk, Larry Fink, and Andy Jassy, underscoring the strength of economic ties and future opportunities between both countries.

Strategic impact and regional cooperation

The partnership reflects a broader strategic alignment focused on regional stability, innovation, and shared goals in security and development. Discussions during the summit also addressed peace efforts in the Middle East, setting the stage for deeper global collaboration and mutual prosperity.